202 E Bradford Road Unit 1-4, Tallahassee, FL 32303

$579,900

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List Price
$579,900
Status
ACTIVE
MLS#
404426
Year Built
1949
Construction
Brick
County
Leon
Subdivision
Unplatted

Property Description

100% OCCUPIED FOUR-UNIT INVESTMENT OPPORTUNITY! 202 E Bradford Road offers immediate, in-place rental income with all four units currently leased and generating $4,100 per month / $49,200 annually in gross rental income. With four separate income-producing units under one ownership, this property is an excellent opportunity for an investor looking to add a fully occupied multifamily asset to their portfolio. The four-unit configuration provides multiple rental income streams and reduces reliance on a single tenant. Also offers future flexibility for an owner-occupant who may choose to live in one unit while collecting rent from the remaining three as leases turn over. Convenient Tallahassee location near shopping, dining, employment, universities and downtown. Four units. 100% occupied. $49,200 in current annual rental income. Income from day one.

Additional Information

Heating
Central, Electric
Cooling
Central Air, Ceiling Fan(s), Electric
Equipment
Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Floors
Vinyl, Wood
Exterior
Two Story
Garage
Unassigned
Parking
Unassigned
Elementary School
RUEDIGER
Middle School
RAA
High School
LEON

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Calculator source: Real Geeks

Listing courtesy of Verve Residential.